Strategic Quantitative ERM Analyst

CVS Health; Nevada; Hybrid; USD 44,000 - 85,000; Full time

Job summary

CVS Health is seeking a highly analytical Risk Analyst to support Enterprise Risk Management, focusing on quantitative models, regulatory deliverables, and data-driven insights. You will collaborate with cross-functional stakeholders to maintain models, perform stress testing, and ensure data quality.

The role emphasizes clear communication, rigorous documentation, and hands-on analysis using SQL, Excel, VBA, and Python/R where applicable.

Qualifications

• Foundational experience with quantitative analysis, financial or statistical modeling, or complex analytical coursework or projects.
• Proficiency in Microsoft Excel, with working knowledge of SQL and VBA.
• Demonstrated attention to detail and commitment to accuracy, completeness, data integrity, and clear, well-organized documentation.
• Ability and willingness to learn complex quantitative models, understand how their components connect, and build the subject-matter expertise needed to maintain and enhance them over time.
• Self-starter mindset with the ability to ask thoughtful questions, identify issues, recommend practical improvements, incorporate feedback, and take increasing ownership of assignments.

Responsibilities

• Develop a deep understanding of assigned quantitative risk models, data flows, calculations, and business context, owning maintenance and enhancements.
• Support enterprise economic capital model and risk-quantification tools, investigate issues, test updates, and explain impact.
• Collaborate with SMEs and cross-functional teams to translate business information into quantitative analysis.
• Prepare and analyze complex datasets through profiling, cleansing, validation, reconciliation, and trend analysis.
• Use SQL, Excel, and, where applicable, VBA, R, or Python to extract data, perform analysis, automate processes, and produce reporting.

Skills

Quantitative analysis

Financial modeling

Attention to detail

Communication

Self-motivated

Education

Bachelor's degree in quantitative field

Tools

SQL

Excel

VBA

Python

R

PowerQuery

Job description

CVS Health is seeking a highly analytical Risk Analyst to support Enterprise Risk Management, focusing on quantitative models, regulatory deliverables, and data-driven insights. You will collaborate with cross-functional stakeholders to maintain models, perform stress testing, and ensure data quality.

The role emphasizes clear communication, rigorous documentation, and hands-on analysis using SQL, Excel, VBA, and Python/R where applicable.